Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 8.62% is 105% above its 5-year average of 4.21%, near the high end of its 5-year range (-3.94%–12.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 79.05% above its 12-month average of 4.81%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 8.62%.
RETURN ON INVESTED CAPITAL (ROIC)
8.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+79.05%
CURRENT VS 3Y AVG
+973.73%
CURRENT VS 5Y AVG
+104.66%
CURRENT VS 10Y AVG
+38.66%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
5.71%
median of 228 covered companies
CURRENT VS SECTOR MEDIAN
+50.96%
vs the sector median at left
Jerash Holdings (US), Inc.
Market Cap
$77.34M
Return on Invested Capital (ROIC)
8.62%
TTM Avg
4.81%
3Y Avg
0.80%
5Y Avg
4.21%
Market Cap
$76.55M
Return on Invested Capital (ROIC)
3.14%
TTM Avg
-7.70%
3Y Avg
-0.89%
5Y Avg
0.83%
Market Cap
$79.51M
Return on Invested Capital (ROIC)
9.52%
TTM Avg
-2.11%
3Y Avg
-1.55%
5Y Avg
-0.81%
Market Cap
$81.12M
Return on Invested Capital (ROIC)
1.46%
TTM Avg
3.47%
3Y Avg
6.34%
5Y Avg
7.43%
Market Cap
$66.39M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-8.47%
3Y Avg
4.23%
5Y Avg
4.23%
Market Cap
$65.28M
Return on Invested Capital (ROIC)
20.25%
TTM Avg
15.65%
3Y Avg
-4.31%
5Y Avg
22.46%
Market Cap
$89.47M
Return on Invested Capital (ROIC)
-8.38%
TTM Avg
-0.56%
3Y Avg
3.32%
5Y Avg
16.04%
Market Cap
$92.48M
Return on Invested Capital (ROIC)
-25.80%
TTM Avg
-850.00%
3Y Avg
-532.21%
5Y Avg
-521.82%
Market Cap
$61.41M
Return on Invested Capital (ROIC)
15.91%
TTM Avg
12.29%
3Y Avg
7.57%
5Y Avg
5.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jerash Holdings (US), Inc. (JRSH) | $77.34M | 8.62% | 4.81% | 0.80% | 4.21% |
| FST Corp. (KBSX)vs › | $76.55M | 3.14% | -7.70% | -0.89% | 0.83% |
| Noodles & Company (NDLS)vs › | $79.51M | 9.52% | -2.11% | -1.55% | -0.81% |
| Canterbury Park Holding Corporation (CPHC)vs › | $81.12M | 1.46% | 3.47% | 6.34% | 7.43% |
| MasterBeef Group (MB)vs › | $66.39M | N/A | -8.47% | 4.23% | 4.23% |
| Hour Loop, Inc. (HOUR)vs › | $65.28M | 20.25% | 15.65% | -4.31% | 22.46% |
| Brilliant Earth Group, Inc. (BRLT)vs › | $89.47M | -8.38% | -0.56% | 3.32% | 16.04% |
| Empery Digital Inc. (EMPD)vs › | $92.48M | -25.80% | -850.00% | -532.21% | -521.82% |
| The InterGroup Corporation (INTG)vs › | $61.41M | 15.91% | 12.29% | 7.57% | 5.08% |
| GrowGeneration Corp. (GRWG)vs › | $93.74M | -16.13% | -26.85% | -35.70% | -23.02% |
ROIC
8.6%
ROE
7.4%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 8.62% |
| 2026-03-31 | 6.58% |
| 2025-12-31 | 3.67% |
| 2025-09-30 | 2.57% |
| 2025-06-30 | 2.63% |
| 2025-03-31 | 1.18% |
| 2024-12-31 | -2.93% |
| 2024-09-30 | -3.46% |
| 2024-06-30 | -3.94% |
| 2024-03-31 | -1.02% |
| 2023-12-31 | 0.76% |
| 2023-09-30 | 1.17% |
| 2023-06-30 | 2.42% |
| 2023-03-31 | 3.75% |
| 2022-12-31 | 5.74% |
| 2022-09-30 | 7.03% |
| 2022-06-30 | 10.62% |
| 2022-03-31 | 11.26% |
| 2021-12-31 | 12.23% |
| 2021-09-30 | 11.09% |
| 2021-06-30 | 8.47% |
| 2021-03-31 | 6.84% |
| 2020-12-31 | 4.43% |
| 2020-09-30 | 7.80% |
| 2020-06-30 | 10.04% |
| 2020-03-31 | 11.38% |
| 2019-12-31 | 12.02% |
| 2019-09-30 | 11.50% |
| 2019-06-30 | 14.06% |
| 2019-03-31 | 9.73% |
| 2018-12-31 | 8.29% |
| 2018-09-30 | 9.22% |
| 2018-06-30 | 11.38% |
| 2018-03-31 | 28.72% |
| 2017-12-31 | 39.42% |
| 2017-09-30 | 43.29% |
| 2017-06-30 | 42.83% |
| 2017-03-31 | 48.91% |
| 2016-12-31 | 42.73% |